S&P from Current Levels by Oct 31?

Discussion in 'Trading' started by shortie, Sep 21, 2008.

S&P from Current Levels by Oct 31?

  1. Down >20%

    6 vote(s)
    18.8%
  2. Down >10%

    6 vote(s)
    18.8%
  3. Down >5%

    4 vote(s)
    12.5%
  4. +/-5%

    7 vote(s)
    21.9%
  5. Up >5%

    3 vote(s)
    9.4%
  6. Up >10%

    4 vote(s)
    12.5%
  7. Up >20%

    2 vote(s)
    6.3%
  1. a fresh poll on the fate of S$P
     
  2. minus 10%
     
  3. 2.5% down, 17.5% to go... :D
     
  4. They won't let it fall too fall before elections...afterwards it's a different story
     
  5. + 5%-10%
     
  6. 2% down, 15.5% to go...
     
  7. 700B rescue plan is supposed to be a major good news for the market. Yet, the market is down 3rd day in a row. My interpretation is that this piece of great news is already priced in and we will see another sell-off (a sharp sell-off maybe?) once the 700B package is approved.

    Keep your ammo dry, boys! Buy the big dip!